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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Johnny Canuck who wrote (25591)	3/15/2000 10:13:00 PM
From: Clint E.	Read Replies (3) of 68358

Hello Harry. Shouldn't be a surprise to market watchers that once again Ralph Accompara managed to accurately mark the short-term top(in nasdaq). What an infallable short-term indicator he has turned out to be.... Anyway, I was invested in a handful of stocks since late Dec. but got out ~1-1/2 weeks ago. At the time, I expected to see the nasdaq to correct all the way back to its 50 day ~4370 but I now think that a bottom is shaping up here and therefore 4500+ would hold. I got back into a few stocks before the close and have my eyes on a couple for tomorrow. I am holding for ~2 months this time. Personal stuff: New job is going well. Still lots of things to learn but plenty of room to interject one's own ideas. Have been traveling some to Northeast which I absolutely hate.....As far as the growth in the Semiconductor sector, it is amazingly strong. New orders keep on coming. Most of it is coming from the networking and wireless companies, so the high-end looks beautiful. Take care; Clint

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